So, say your parents have just been tipped off to get.wildblue.com and they’ve now got a home internet connection – they probably don’t know much about how to use the web. It’s up to you to teach them about online banking and we’ve got a few tips for things not to forget to bring up…
Safety: Make sure your parents understand what types of scams are common in the online banking world. Assure them the bank will never email and ask for a password or personal information and they shouldn’t ever give out their password. Simple things to you, but not for them.
Recurring Payments: Get your folks set up so some of their recurring bills are paid for them. This can mean water, cable or even security alarms but once they’re set up all your parents will have to do is check in from time to time to make sure their rates haven’t changed.
Online Accounts: Your folks may not understand the concept of an online savings account or the idea that they can have multiple accounts online. Show them how to view their accounts and even switch them over to all electronic bank statements if you think they’re ready.